Settings8H · net · $10k
Funding arb · Price arb /

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni+4.326%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 4.326% dearer against ApeX Omni than usual: you sell high and buy low (spread +4.326% now, against zero (this spread has no 7-day history yet)): +$433 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUSDT0.039300.0100pay 0.0013% / 1h8m 06s$25K$471K50x
ShortInjective S/USDC PERP0.041000.0033get 0.0004% / 1h8m 06s$2K$37K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: +4.326% → 0.000%
$432.57
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$408.55
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 14 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 14 min ago25.51 bp56.5 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

S on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUSD−0.1458%1h0.03913−0.424%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1264%1h0.03826−2.646%$47K$5K25xas long as short
Variational Omni S−0.0889%4h0.03922−0.205%$610K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0191% / S +0.0185%1h0.03916−0.364%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03912−0.468%$415xas long as short
Orderly PERP_S_USDC−0.0004%4h0.03914−0.407%$100K$345K10xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h0.03917−0.331%$66K$10K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03917−0.329%$604150xas long as short
Aster SUSDT+0.0029%4h0.03915−0.373%$43K$212K10xas long as short
01 Exchange SUSD+0.0032%1h0.03910−0.509%$24K$3K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective S/USDC PERPshort+0.0033%1h0.04100+4.326%$2K$37K12x
Lighter S+0.0096%1h0.03918−0.305%$164K$240K5xas long as short
Hyperliquid S+0.0100%1h0.03909−0.522%$988K$870K5xas long as short
Binance SUSDT+0.0100%4h0.03910−0.509%$5.3M$23.2M75xas long as short
Bybit SUSDT+0.0100%4h0.03906−0.611%$5.6M$6.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03909−0.534%$975K$7.2M20xas long as short
Gate S_USDT+0.0100%4h0.03915−0.382%$320K$293K50xas long as short
MEXC S_USDT+0.0100%4h0.03909−0.534%$3.4M$2.6M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03910−0.509%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03915−0.382%$1.2M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.03910−0.509%$6.8Mas long as short
ApeX Omni SUSDTlong+0.0100%1h0.03930long leg$25K$471K50x
Extended S-USD+0.0104%1h0.03909−0.541%$221K$883K10xas long as short
BloFin S-USDT+0.0340%4h0.03927−0.076%$269K$158K75xas long as short
Backpack S_USDC_PERP+0.0520%1h0.03920−0.254%$114K$298K5xas long as short